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[Alpha Biz= Reporter Kim Jisun] NCSoft (036570) has announced a large-scale voluntary retirement program, marking the first such initiative in 12 years. Applications will be accepted until early next month, with eligible employees set to receive severance packages of up to 30 months of their fixed monthly salary.

On the 23rd, NCSoft disclosed details of the voluntary retirement program within the company, stating that applications will be open until November 8.

 

Eligible employees include those in departments under Chief Business Officer (CBO) Mun-young Choi, as well as personnel in divisions reporting directly to the co-CEOs, Chief Operating Officer (COO), Chief Technology Officer (CTO), and Chief Financial Officer (CFO).

This initiative follows NCSoft's previous voluntary retirement program in 2012, which affected approximately 400 employees. The company is currently undergoing significant restructuring efforts in response to prolonged financial difficulties, aiming to navigate challenging market conditions.

 

 

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